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PLS HELP!!!! 1. Credit Card Debt John has a balance of $3000 on this credit card, which charges 12% per year on unpaid balances. John

PLS HELP!!!!
1. Credit Card Debt John has a balance of $3000 on this credit card, which charges 12% per year on
unpaid balances. John will not make any additional charges with the credit card, and he will pay
$100 per month until the balance is paid off.
1. (i) Determine how many monthly payments of $100 he must make in order for the balance to fall
below $2000.
1. (ii) When he has paid off the balance, what is the total of all his payments?
1. (iii) When he has paid off the balance, what is the interest expense?

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